Can I retire at age 50 with 386,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $386,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$31,876$31,592$31,315$31,044$30,780$29,843
2 years$15,780$15,486$15,201$14,925$14,657$13,721
3 years$10,415$10,120$9,836$9,563$9,299$8,393
4 years$7,734$7,440$7,158$6,889$6,632$5,764
5 years$6,125$5,833$5,555$5,292$5,042$4,213
6 years$5,053$4,763$4,489$4,232$3,989$3,201
7 years$4,288$4,000$3,731$3,479$3,244$2,496
8 years$3,714$3,429$3,164$2,919$2,692$1,983
9 years$3,268$2,985$2,725$2,486$2,267$1,598
10 years$2,911$2,631$2,376$2,143$1,931$1,300
11 years$2,619$2,342$2,092$1,865$1,661$1,067
12 years$2,377$2,102$1,856$1,636$1,439$881
13 years$2,171$1,900$1,658$1,444$1,255$732
14 years$1,995$1,727$1,490$1,282$1,100$610
15 years$1,843$1,578$1,345$1,143$969$510
16 years$1,710$1,448$1,220$1,024$856$428
17 years$1,593$1,333$1,110$920$759$360
18 years$1,489$1,232$1,013$829$675$303
19 years$1,396$1,142$928$749$602$256
20 years$1,312$1,061$851$678$537$216
21 years$1,236$988$783$616$481$183
22 years$1,168$922$722$560$431$155
23 years$1,105$863$666$510$387$131
24 years$1,048$808$616$465$348$111
25 years$995$759$571$425$313$94
26 years$947$713$529$388$282$80
27 years$902$671$492$355$254$68
28 years$860$632$457$326$229$58
29 years$822$596$425$299$207$49
30 years$786$563$396$274$187$42
31 years$752$532$369$252$169$35
32 years$721$504$345$231$153$30
33 years$691$477$322$213$138$26
34 years$664$452$301$196$125$22
35 years$638$429$281$180$114$19
36 years$613$407$263$166$103$16
37 years$590$387$246$153$93$13
38 years$568$367$230$141$85$11
39 years$547$349$216$130$77$10
40 years$528$332$202$120$70$8
41 years$509$316$190$111$63$7
42 years$491$301$178$102$57$6
43 years$475$287$167$94$52$5
44 years$459$274$157$87$47$4
45 years$443$261$147$80$43$4
46 years$429$249$138$74$39$3
47 years$415$238$130$69$35$3
48 years$402$227$122$63$32$2
49 years$389$217$115$59$29$2
50 years$377$207$108$54$26$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $386,000, adding $3,545 every year, while hoping to spend $28,094 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 67/5/28 Blend
49$386,000$386,000$386,000$386,000
50$429,029$408,571$402,588$454,406
51$442,898$398,699$386,183$462,071
52$457,240$387,402$368,286$466,964
53$472,074$374,580$348,819$471,689
54$487,419$360,128$327,698$476,229
55$503,296$343,934$304,836$480,569
56$519,726$325,881$280,142$484,693
57$536,733$305,844$253,522$488,583
58$554,340$283,690$224,875$492,223
59$572,573$259,282$194,099$495,593
60$591,459$232,470$161,085$498,674
61$611,027$203,101$125,721$501,447
62$631,307$171,008$87,887$503,892
63$652,331$136,018$47,462$505,988
64$674,133$97,947$4,317$507,713
65$696,750$56,602$0$509,044
66$720,221$11,777$0$522,427
67$744,586$0$0$537,558
68$769,889$0$0$555,188
69$796,178$0$0$574,181
70$823,504$0$0$593,926
71$851,919$0$0$614,462
72$881,481$0$0$635,831
73$912,253$0$0$658,079
74$944,301$0$0$681,253
75$977,696$0$0$705,408
76$1,012,515$0$0$730,597
77$1,048,842$0$0$756,884
78$1,086,765$0$0$784,332
79$1,126,380$0$0$813,012
80$1,167,792$0$0$843,001
81$1,211,114$0$0$874,382
82$1,256,467$0$0$907,243
83$1,303,984$0$0$941,682
84$1,353,807$0$0$977,804
85$1,406,091$0$0$1,015,722
86$1,461,006$0$0$1,055,561
87$1,518,734$0$0$1,097,454
88$1,579,475$0$0$1,141,549
89$1,643,445$0$0$1,188,004
90$1,710,880$0$0$1,236,994
91$1,782,037$0$0$1,288,706
92$1,857,197$0$0$1,343,348
93$1,936,664$0$0$1,401,143
94$2,020,774$0$0$1,462,338
95$2,109,890$0$0$1,527,201
96$2,204,409$0$0$1,596,024
97$2,304,768$0$0$1,669,129
98$2,411,443$0$0$1,746,864
99$2,524,953$0$0$1,829,615
100$2,645,868$0$0$1,917,800